How can shares be issued when both paid and unpaid amounts are $0.00?

Question

How can shares be issued when both paid and unpaid amounts are $0.00?

Answer

If the the shares are not paid for, the Form 484 to issue the shares cannot be lodge online.

If you are a registered ASIC agent, you can lodge the Form 484, along with a Form 207 (Certification of Compliance) with stamp duty via email to online.exceptions@asic.gov.au.

Before lodging the form via email, you will need to complete an email lodgement request form.

If Officeholders themselves lodge the Form 484, they need to send the Form 484 together with the Form 207 (Certification of Compliance) via mail to ASIC.